Following are the leading business stories in the main Indonesian newspapers on June 26.
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Indonesian chemical company PT Duta Pertiwi Nusantara Tbk (DPNS.JK) said it plans to borrow $80-100 million from foreign banks to finance its expansion in the coal sector, and has appointed Merrill Lynch MER.N to handle the deal.
Indonesia's energy ministry plans to sign a revision to a ministerial decree on coal bed methane mining, allowing new investors to bid for mining rights, which are currently exclusive only to contract land owners, a director at the ministry said.